Succession planning for an unknown future

The very thought of planning for one’s afterlife can be morbid. But we live in uncertain times, and having a plan is never a bad idea.

Happy new year. It feels dark, I’ll admit, to speak of a topic so closely entwined with one’s death at a time when people seek new beginnings. That said, there is never really a good time to speak about wills and inheritances, so we might as well take it head-on as the year begins.

The last two years have seen an unexplainable number of unexpected events, and I’ve spoken to more than a few young people who’ve been dealing with the double burden of not only coping with a loved one’s passing, but also having to unscramble their finances. The …

Author

Lavanya Mohan

Lavanya Mohan is a chartered accountant and writer from Chennai.

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